The IDG News Service is reporting that IBM laid off 1,315 employees in its Global Services Division on Tuesday, May 2. The wire service report notes that IBM announced last month that it would slash expenses in the U.S. due to sluggish revenue in its U.S. enterprise business. Presumably, the layoff announced yesterday represents the fulfillment of those cost-cutting efforts. Does anyone have any insight into what’s happening at IBM? SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe Related content news Nominations extended for CIO100 ASEAN Awards 2023 By Shirin Robert Oct 02, 2023 2 mins IDG Events IT Leadership brandpost Unlocking value: Oracle enterprise license models for optimal ROI Helping you maximize your return on investment of Oracle software program licenses is not as complex as it sounds—learn more today. By Rimini Street Oct 02, 2023 4 mins Managed IT Services IT Management brandpost Lessons from the field: Why you need a platform engineering practice (…and how to build it) Adopting platform engineering will better serve customers and provide invaluable support to their development teams. By VMware Tanzu Vanguards Oct 02, 2023 6 mins Software Deployment Devops feature The dark arts of digital transformation — and how to master them Sometimes IT leaders need a little magic to push digital initiatives forward. Here are five ways to make transformation obstacles disappear. By Dan Tynan Oct 02, 2023 11 mins Business IT Alignment Digital Transformation IT Strategy Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe